BiggerPockets

I started investing in real estate in Jan. 2004. My next door neighbor and i were chatting one late summer afternoon when he showed me a book that he had on rei. I don't remember the title--- just thumbing through it i saw a few topics that looked familiar as I had researched rei on the Net before. Long story short I went inside that evening, did another search, found a link to my local real estate investment club, attended the next meeting about 10 days later, and the rest is history! I contracted to buy my first deal that December which was a rehab-to-rental and quite a challenge (tough neighborhood), but netted me $14k on a cash-out refi at 70% LTV, and to this day cashflows some $250/mo., every month on a 15 yr. mortgage with a long-term tenant! I fired my boss after my first deal.

Since then I have bought several single-family residences for passive monthly income, a few fix and flips, and more wholesale deals than I can remember (especially this year)! I plan to continue with all of the above, as well as explore sub2's and lease options a little more (mainly because they should be a cake-walk in this market), and ultimately land in the commercial arena starting with a fairly large apartment building then maybe something like office/warehouse. There's so much oppurtunity!! I realize that focus is a good thing, but I kind of follow the great Ron LeGrand's philosophy of why limit yourself to just one strategy?? That's one of the cool parts about this business: there are no limits!!